Statutes > Arkansas Statutes > Title 26 - Taxation > Subtitle 6 - Local Taxes > Chapter 75 - Municipal Sales and Use Taxes > Subchapter 7 - Gross Receipts Tax on Hotels, Etc., in Certain Cities > § 26-75-705 - Use of funds.

§ 26-75-705 - Use of funds.

26-75-705. Use of funds.

All funds derived from the levy of the tax authorized and imposed under the provisions of this subchapter shall be credited to the city advertising and promotion fund and shall be used in accordance with the provisions of 26-75-602 -- 26-75-613, it being the intent of this subchapter that the provisions of 26-75-602 -- 26-75-613 shall be applicable to the purposes for which the taxes levied under the provisions of this subchapter may be used.